Author Archive: Jeremy Parkinson
Silver – The Most Hated Asset?! Saturday Discussion & Update
Video Length: 00:14:46 Happy weekend everyone! Thanks for tuning in – the title speaks for itself here today.
Tech ETFs Tumble: Should You Buy The Dip?
The hot and soaring technology sector lost its momentum with the start of September. This is especially true as the ultra-popular Select Sector SPDR Technology ETF (XLK – Free Report) has dropped about 2.3% so far this week. The first round of selling came on congressional scrutiny of social media companies and fears of new regulation. Executives […]
Buyers Strike
The End of Summer Hangover. Unless you are a stay at home parent with kids, the end of Labor Day weekend, when schools are back in session and summer starts to wind down is always a tough time of year. After a summer of nice weather, swimming, hiking, outdoor sports, and hopefully even a vacation, Tuesday […]
Looser Balances And Short-Term Cool Trends Hit Natural Gas Post Labor Day
It was a rough week for natural gas bulls, with the October natural gas contract declining just less than 5% on the week. It was another week where natural gas prices traded very well within our weekly expectations set out in our flagship Natural Gas Weekly Update. Short-term forecasts trended cooler thanks to Tropical Storm […]
Putting Jeff Bezos’ Record Fortune In Context
As Amazon’s market capitalization surged yesterday, it became the 3rd company in history to top the trillion-dollar level. While third (after PetroChina and Apple) is not bad, CEO Jeff Bezos is on his own in first place in terms of global net worth – almost lapping the next richest person. Bezos’ epic horde is $70 […]
Artificial Booms And The Theory Of “Forced Saving”
In the broad sense of the term, “forced saving” arises whenever there is an increase in the quantity of money in circulation or an expansion of bank credit (unbacked by voluntary saving) which is injected into the economic system at a specific point. If the money or credit were evenly distributed among all economic agents, no “expansionary” […]
Japan’s Not Really A Domino, Though The Timing Is Right
This year is just different. Increasingly so. Not just in one or two places, either, but in way too many places. In Japan, for instance, real Household Spending rose by the smallest amount in July, according to the latest estimates from Statistics Japan. In 2017, this would have been a worrisome sign. In 2018, it […]
Stocks On Sept. 8, 2018: Outlook
*These are my discretionary thoughts on the market. My Medium-Long Term model determines my trades. The economy and stock market move in the same direction in the medium-long term. Hence, leading economic indicators are also leading indicators for the stock market. Thoughts The U.S. stock market is in a rare falling flag pattern. Here’s what this means for the […]
August Jobs Report: 201K New Jobs, Unemployment Rate At 3.9%, Better Than Forecast
Friday morning’s employment report for August showed a 201K increase in total nonfarm payrolls, which was better than forecasts. The unemployment rate remained at 3.9%. The Investing.com consensus was for 191K new jobs and the unemployment rate to drop to 3.8%. Here is an excerpt from the Employment Situation Summary released this morning by the Bureau of Labor Statistics: […]
Risk Asset Allocation Based On Momentum Relative To T-Bills
Questions continue to come in about systematic approaches to tactical allocation portfolio changes – methods not based on biases, media frenzy, forecasts, chart patterns, valuation or fundamentals. Probably the simplest approach, and one that is about as objective and non-judgmental as systems can be, is to hold those risk assets that are doing best, unless […]
